HomeMy WebLinkAbout890366.tiff RESOLUTION
RE: APPROVE OIL DIVISION ORDER FROM PERMIAN, P.O. BOX 1183 ,
HOUSTON, TEXAS 77251-1183 , AND AUTHORIZE CHAIRMAN TO SIGN
WHEREAS , the Board of County Commissioners of Weld County,
Colorado, pursuant to Colorado statute and the Weld County Home
Rule Charter, is vested with the authority of administering the
affairs of Weld County, Colorado, and
WHEREAS , Weld County, Colorado, is the holder of a certain
lease with Cache Exploration, Inc. , and
WHEREAS, said lease covers land more particularly described
as follows:
Township 4 North, Range 65 West, 6th P .M.
Section 5 : N/2 NW/4
Weld County, Colorado
WHEREAS, Permian has submitted an Oil Division Order on the
subiect property, and
WHEREAS, Weld County is entitled to a one-eighth royalty
interest on production, and
WHEREAS, in order to receive said royalty interest, Weld
County must execute said Division Order, a copy of which is
attached hereto and incorporated herein by reference, and
WHEREAS, said Division Order has been reviewed by the Weld
County Attorney, Thomas O. David, and found to be in order, and
WHEREAS , the Board deems it advisable to approve said
Division Order on the parcel of land described herein.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of Weld County, Colorado, that the Oil Division
Order as submitted by Permian, P.O. Box 1183 , Houston, Texas
72251-1183 , on the hereinabove described parcel of land be, and
hereby is , approved.
BE IT FURTHER RESOLVED by the Board that the Chairman be, and
hereby is, authorized to sign said Division Order.
890366
S- nl -VS
Page 2
RE: OIL DIVISION ORDER - PERMIAN
The above and foregoing Resolution was, on motion duly made
and seconded, adopted by the following vote on the 24th day of
April , A.D. , 1989 .
c/1 ;AIA4;, J BOARD OF COUNTY COMMISSIONERS
ATTEST: WELD COUNTY, COLORADO
Weld County Clerk and Recorder dJtn
and Clerk to the Board C.t Kir y, C irman
BY _ d71LnLA, .U-ictc.J a 'ne Jo n, Pro-Tem
eputy County Clerk
APPR VED AS TO FORM: ene R. Brantner
George Kee
County Attorney
Gore Lacy
890366
PERMIAN
AR2177344
DIVISION ORDER
Lease No. 042644
March 31 89
19
NO
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TO: PERMIAN OPERATING LIMITED PARTNERSHIP dba PERMIAN,P.O.Box 1183,Houston,Texas 77251-1183
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U The undersigned, and each of us, certify and guarantee that we are the legal owners of and hereby warrant the title to our
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I-1 respective interests as set out below in all oil produced from all wells on the
ow
0 3 Cache Exploration, Inc. - Lee #1 & Lee #2
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Ca Weld Colorado
a farm or lease, located in County, State of _ , more particularly described
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ci as follows:
up
a Township 4 North, Range 65 West, 6th P.M.
o Section 5: N/2 NW/4
,max
Weld County, Colorado;
co LIMITED to production obtained from the
'tZ Codell and Niobrara Formations.
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(Section, Range, and Township added as per the attached letter.)
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gets 51
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a and commencing at 7 A.M., the first runs
day of , 19 , and until further written notice either from
X you or us you are authorized to receive oil therefrom, purchase it and pay for it as follows:
O m
re)co DIVISION OF
N CO CREDIT TO INTEREST POST OFFICE ADDRESS
W94
ROYALTY INTERESTS
The First Baptist Church 1.33772% x .14 R.I.
of LaSalle, Colorado (.0018728)
1/ 2/ Kell S. Hulsey and .38706% x .14 R.I.
Laura F. Hulsey, JT (.0005419)
Esther M. Grimes .5799% x . 14 R.I.
(.0008119)
Delmer L. Grossaint and .5799% x . 14 R.I.
Elizabeth G. Grossaint, JT (.0008119)
3/ Charles F. Bowles and .55817% x .14 R.I.
Susan M. Bowles, JT (.0007814)
Dee E. Clark and .33137% x .14 R.I.
Tracy A. Eicheim, JT (.0004639)
4/ Dennis D. Krominga and .69534% x .14 R.I.
Elaine M. Krominga, JR (.0009735)
5/ James Bedan .38706% x . 14 R.I.
(.0005419)
(cont'd)
890366
MAKE SURE YOUR CORRECT MAILING ADDRESS IS SHOWN ABOVE
PC-259(REV.6-87) _.
The following covenants are also parts of this division order and shall be binding on the undersigned, their heirs, devisees,
successors, legal representatives and assigns.
FIRST: The oil received and purchased hereunder shall become your property as soon as the same is received into your
custody, or that of any pipe line company or carrier designated by you, and the undersigned agree to look solely to you for
payment of oil purchased hereunder and shall have no claim or recourse against any subsequent purchaser of said oil.
N O SECOND: The oil received and purchased hereunder shall be delivered F. O. B. to any pipeline or carrier designated
,y a by you which gathers and receives said oil, and you shall pay for such oil to the respective owners according to the division
0 of interest above set forth at the same price per barrel received by the operator of the lease covered by this division order.
. The word "oil" used herein shall mean crude oil and condensate (or distillate) delivered hereunder.
N O
U THIRD: Quality and quantity shall be determined in accordance with the conditions specified in the purchase agree-
ment with lease operator. The oil shall be steamed when necessary to make merchantable and you may refuse to receive
Q any oil not considered merchantable by you.
a
o fl FOURTH: Settlements and payments shall be made monthly by check mailed from your office to the respective parties
0 3 at the addresses above given, for the amount of such purchase price due said parties, respectively, less any taxes required
o a by the law to be deducted and paid by you as purchaser.
• W FIFTH: Abstracts and other evidence of title satisfactory to you will be furnished to you at any time on demand. In the
aevent of failure to so furnish such evidence of title, or in the event of any dispute or question at any time concerning title
O to the above lands, or the oil produced therefrom, you may hold the proceeds of all oil received and run, without interest,
a until indemnity satisfactory to you has been furnished or until such dispute or question of title is corrected or removed to
el your satisfaction. And in the event any action or suit is filed in any Court affecting title either to the real property above
Lo M described or to the oil produced therefrom in which any of the undersigned are parties, written notice of filing of such
o action shall immediately be furnished you by the undersigned, stating the Court in which the same is filed and
•• w the title of such action or suit, and you or any carrier transporting oil for your account shall be held harmless from
d' any judgment rendered in such suit and all reasonable costs and expenses incurred in defending against said claim, whether
"I a in your defense or in the defense of the carrier transporting oil for your account, and the undersigned shall pay said judg-
W ment and said costs and expenses.
• USIXTH: The undersigned severally shall notify you of any change of ownership, and no transfer of interest shall be
binding upon you until a transfer order and the recorded instrument evidencing such transfer, or a certified copy thereof,
'' z shall be furnished to you. Transfers of interest shall be made effective not earlier than the first day of the calendar month in
N H which notice is received by you. You are relieved hereby of any responsibility for determining if and when any of the in-
W terests hereinabove set forth shall or should revert to or be owned by other parties as a result of the completion or discharge
4714 H of money or other payments from said interest and the signers hereof whose interests are affected by such money or other
0 to payments, if any, assume said responsibility and shall give you notice in writing by registered letter addressed to you at
' the above address, when any such money or other payments have been completed or discharged or when any other division
d, 5 of interest than that set forth above shall, for any reason, become effective and to furnish transfer orders accordingly, and
d, W that in the event such notice shall not be received, you shall be held harmless in the event of, and are hereby released from
en Ga any and all damage or loss which might arise out of any overpayment.
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-
N Z SEVENTH: This division order shall become valid and binding on each and every owner above named as soon as signed
ti z by him or her regardless of whether any of the other above named owners have so signed; and in consideration of the pur-
N KC chase of oil hereunder, consent is given hereby to you and any pipe line company which you may cause to connect with the
0 wells or tanks on said land, to disconnect and remove such pipe lines, in case of termination by either you or us of purchases
J a under this division order.
• EIGHTH: Working interest owners and operators who sign this division order, and each of them, guarantee and warrant
a for your benefit and that of any pipe line or other carrier designated by you to run or transport said oil, that all oil tend-
0 ,d, ered hereunder has been and will be produced and handled in compliance with the Fair Labor Standards Act of 1938, and
co to any amendments thereto, and all other federal, state and municipal laws, rules and regulations.
N co
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(II h, IN ACCORDANCE WITH FEDERAL LAW, PLEASE INDICATE YOUR SOCIAL SECURITY
OR IDENTIFICATION NUMBER: 84-600081 3
THE �GNAT _RES OWNERS SIGN BELOW
ATTEST: icu/
II OF r,' w x6' } ,c
By: Deputy Fl erk •( By: C. W. KirbChairman
°ru'�r` a 1 � � '
BE SURE YOUR SIGNATURE IS WITNESSED AND YOUR CORRECT ADDRESS IS SHOWN
890366
Division Order
Lease No. 042644
March 31 , 1989
Page 2
ROYALTY INTERESTS - cont'd
George Flot and .38706% x .14 R.I.
Elvina Flot, JT (.0005419)
6/ 7/ Ronald A. Meier and .77275% x .14 R.I.
Roxanne Meier, JT (.0010819)
Roland C. Christian and .5799% x .14 R.I.
Ethel May Christian, JT (.0008119)
V Weld County, Colorado .38298% x . 125
plus .56768% x .125
plus .23223% x .125 R.I.
(.0014786)
Charles W. Smith and .75781% x .14
Evelyn L. Smith, JT plus .4115% x .14 R.I.
(.0016370)
8/ Ralph E. Sipres and .5799% x .14 R.I.
Angelia E. Sipres, JT (.0008119)
9/ 10/ Melvin L. Weimer and .42508% x .14 R.I.
Su Weimer, JT (.0005951)
11/ Howard W. Williamson .38706% x .14 R.I.
(.0005419)
12/ 13/ John P. Lopez and .38706% x .14 R.I.
Mary R. Lopez, JT (.0005419)
14/ Arthur A. Martinez and .49299% x .14 R.I.
Alberta M. Martinez, JT (.0006902)
15/ Jens J. Feddersen .33273% x .14 R.I.
(.0004658)
16/ Anthen Lee Parker .85016% x .14 R.I.
(.0011902)
17/ Nancy C. Johnson .19964% x .14 R.I.
(.0002795)
18/ Roy R. Bush and .36397% x .14 R.I.
Ellen F. Bush, JT (.0005096)
19/ James K. Oakes and .68448% x .14 R.I.
Marleen A. Oakes, JT (.0009583)
(cont'd) 690366
B 1230 REC 02177344 04/24/89 14 :06 $0 . 00 3/012
F 0885 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
Division Order
Lease No. 042644
March 31 , 1989
Page 3
ROYALTY INTERESTS - cont'd
20/ Darrell L. Henderson and .44817% x .14 R.I.
Kathleen Henderson, JT (.0006274)
Steven C. DeTienne and .24581% x . 14 R.I.
Wanda J. DeTienne, JT (.0003441)
21/ Steven W. Walter and .26075% x .14 R.I.
Traci M. Walter, JT (.0003651)
22/ Kenneth L. Harris and .25125% x .14 R.I.
Susanna M. Harris, JT (.0003518)
23/ 24/ Merilynn Kay Weitzel .25125% x .14 R.I.
(.0003518)
25/ 26/ Roy Joe Torres .24581% x .14 R.I.
(.0003441)
27/ Jose A. Torres and 1.21141% x .14 R.I.
Margarita L. Torres, JT (.0016960)
28/ 29/ Gary D. Wertz and .57039% x .14 R.I.
Lorrine M. Wertz, JT (.0007986)
30/ Donald E. Batt and .48212% x .14 R.I.
Carol J. Batt, JT (.0006750)
31/ Robert D. Taylor and .30014% x .14 R.I.
Barbara E. Taylor, JT (.0004202)
James Stewart Lynch 82.0814% x 1/4 x 1/6 R.I.
(.0342006)
Frank P. Lynch, III 82.0814% x 1/4 x 1/6 R.I.
(.0342006)
Nancy S. Mercure 82.0814% x 1/6 x 1/6 R.I.
(.0228003)
James S. Seebass 82.0814% x 1/6 x 1/6 R.I.
(.0228003)
Susan Ann Lee 82.0814% x 1/6 x .2 R.I.
(.0273604)
890366
(cont'd)
B 1230 REC 02177344 04/24/89 14:06 $0. 00 4/012
F 0886 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
Division Order
Lease No. 042644
March 31, 1989
Page 4
OVERRIDING ROYALTY INTERESTS
N O Cache Exploration, Inc. 82.0814% x . 125
J
plus 16.73571% x .11
p plus .82.0814% x .05 O.R.I.
O (.0609285)
a
o
o 3 Intermountain Oil Company 82.0814% x 5/6 x 2-1 .3% O.R.I.
o x (.0159602)
vrw
ca
Petroleum Land Service, 82.0814% x 5/6 of 1% O.R.I.
Inc. (.0068401)
0
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v.
a WORKING INTERESTS
w
w U Cache Exploration, Inc. 25% x .75 W.I.
Z (.1875000)
N H
H
o a Lee No. 1 & No. 2 75% x .75 W.I.
D Joint Venture (.5625000)
N
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N 4
O o rj 4 (cont'd)
a
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890366
Division Order
Lease No. 042644
March 31, 1989
Page 5
1/ This interest is subject to a Deed of Trust, dated August 18, 1982, and recorded in
Book 975, Reception 1901184, Deed Records of Weld County, Colorado, in favor of
cv O Rosemary F. Hill, Carol D. Brinkman and Rory J. Brinkman, who by execution of this
o Division Order authorize and direct Permian to make payment as credited above and
up 0 further covenant and agree to hold Permian wholly harmless and not liable for the
• accounting of payments made under this interest until such time as Permian shall have
• received 30 days' written notice by registered mail that such interest shall no longer
ow be paid as credited above.
03
o [Z
+n-in- 51
O 2/ This interest is subject to a Deed of Trust, dated August 11 , 1987, and recorded in
U Book 1168, Reception 2111813, Deed Records of Weld County, Colorado, in favor of
aBank of Greeley, Colorado, which by execution of this Division Order authorizes and
o directs Permian to make payment as credited above and further covenants and agrees to
.. w
yi hold Permian wholly harmless and not liable for the accounting of payments made under
athis interest until such time as Permian shall have received 30 days' written notice
• by registered mail that such interest shall no longer be paid as credited above.
a) I-1
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E+ 3/ This interest is subject to a Deed of Trust, dated April 5, 1985, and recorded in
0 o a Book 1065, Reception 2005554, Deed Records of Weld County, Colorado, in favor of
] United Bank of LaSalle, Colorado, which by execution of this Division Order authorizes
w and directs Permian to make payment as credited above and further covenants and agrees
w to hold Permian wholly harmless and not liable for the accounting of payments made
r- Z under this interest until such time as Permian shall have received 30 days' written
N FC notice by registered mail that such interest shall no longer be paid as credited above.
fk
WFC
o m 4/ This interest is subject to a Deed of Trust, dated June 10, 1977, and recorded in
en co Book 800, Reception 1721997, Deed Records of Weld County, Colorado, in favor of
CV r CO
First Federal Savings & Loan Association, Denver, Colorado, which by execution of
m this Division Order authorizes and directs Permian to make payment as credited above
and further covenants and agrees to hold Permian wholly harmless and not liable for the
accounting of payments made under this interest until such time as Permian shall have
received 30 days' written notice by registered mail that such interest shall no longer
be paid as credited above.
5/ This interest is subject to a Deed of Trust, dated September 15 , 1987, and recorded in
Book 1171 , Reception 2115919, Deed Records of Weld County, Colorado, in favor of
United Bank of Greeley, Colorado, which by execution of this Division Order authorizes
and directs Permian to make payment as credited above and further covenants and agrees
to hold Permian wholly harmless and not liable for the accounting of payments made
under this interest until such time as Permian shall have received 30 days' written
notice by registered mail that such interest shall no longer be paid as credited above.
6/ This interest is subject to a Deed of Trust, dated December 23, 1986, and recorded in
Book 1142, Reception 2084156, Deed Records of Weld County, Colorado, in favor of
Cache National Bank of Greeley, Colorado, which by execution of this Division Order
authorizes and directs Permian to make payment as credited above and further covenants
and agrees to hold Permian wholly harmless and not liable for the accounting of payments
made under this interest until such time as Permian shall have received 30 days'
written notice by registered mail that such interest shall no longer be paid as credited
above.
(cont'd)
d) 890366
Division Order
Lease No. 042644
March 31 , 1989
Page 6
co 7/ This interest is subject to a Deed of Trust, dated January 10, 1989 , and recorded in
o v Book 1221 , Reception 2168186, Deed Records of Weld County, Colorado, in favor of
Norbel Credit Union, which by execution of this Division Order authorizes and directs
• Permian to make payment as credited above and further covenants and agrees to hold
Ca Permian wholly harmless and not liable for the accounting of payments made under this
o w interest until such time as Permian shall have received 30 days' written notice by
0 3 registered mail that such interest shall no longer be paid as credited above.
oa
(/)-
O 8/ This interest is subject to a Deed of Trust, dated July 10, 1988, and recorded in
a Book 1199, Reception 2144539, Deed Records of Weld County, Colorado, in favor of
Lo
o Associates Financial Services Company of Colorado, Inc. , Greeley, Colorado, which by
execution of this Division Order authorizes and directs Permian to make payment as
credited above and further covenants and agrees to hold Permian wholly harmless and not
• liable for the accounting of payments made under this interest until such time as
o v Permian shall have received 30 days' written notice by registered mail that such
• z
interest shall no longer be paid as credited above.
N H
H
o cn
W• 9/ This interest is subject to a Deed of Trust, dated December 4, 1974, and recorded in
Book 728, Reception 1649690, Deed Records of Weld County, Colorado, in favor of
`"▪' k Farmers Home Administration, and subsequently assigned to Bankers Trust Company,
r-
ti Z Trustee of the Rural Housing Trust 1987-1 , which by execution of this Division Order
N authorizes and directs Permian to make payment as credited above and further covenants
o and agrees to hold Permian wholly harmless and not liable for the accounting of payments
0 a made under this interest until such time as Permian shall have received 30 days'
a written notice by registered mail that such interest shall no longer be paid as credited
o above.
W
N W
N O
M W
10/ This interest is subject to a Deed of Trust, dated January 22, 1981, and recorded in
Book 926, Reception 1848080, Deed Records of Weld County, Colorado, in favor of Greeley
Sunamerica Industrial Bank, and subsequently assigned to Fort Collins Sunamerica Bank,
which by execution of this Division Order authorizes and directs Permian to make payment
as credited above and further covenants and agrees to hold Permian wholly harmless
and not liable for the accounting of payments made under this interest until such time
as Permian shall have received 30 days' written notice by registered mail that such
interest shall no longer be paid as credited above.
11/ This interest is subject to a Deed of Trust, dated August 31 , 1987, and recorded in
Book 1169 , Reception 2113699, Deed Records of Weld County, Colorado, in favor of
American Western Mortgage Company, Englewood, Colorado, which by execution of this
Division Order authorizes and directs Permian to make payment as credited above and
further covenants and agrees to hold Permian wholly harmless and not liable for the
accounting of payments made under this interest until such time as Permian shall have
received 30 days' written notice by registered mail that such interest shall no longer
be paid as credited above.
12/ This interest is subject to a Deed of Trust, dated January 18, 1974, and recorded in
Book 709, Reception 1631028, Deed Records of Weld County. Colorado, in favor of
Farmers Home Administration, which by execution of this Division Order authorizes
and directs Permian to make payment as credited above and further covenants and agrees
to hold Permian wholly harmless and not liable for the accounting of payments made
under this interest until such time as Permian shall have received 30 days' written
notice by registered mail that such interest shall no longer be paid as credited above.
(cont'd) 890366
Division Order
Lease No. 042644
March 31, 1989
Page 7
NO
o 13/ This interest is subject to a Deed of Trust, dated September 18, 1986, and recorded in
O Book 1129, Reception 2071123, Deed Records of Weld County, Colorado, in favor of
U United Bank of LaSalle, Colorado, which by execution of this Division Order authorizes
O and directs Permian to make payment as credited above and further covenants and agrees
o W to hold Permian wholly harmless and not liable for the accounting of payments made
0 3 under this interest until such time as Permian shall have received 30 days' written
rro notice by registered mail that such interest shall no longer be paid as credited above.
ca
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a14/ This interest is subject to a Mortgage, dated October 10, 1984, and recorded in Book
0 1051, Reception 1990524, Deed Records of Weld County, Colorado, in favor of Hartson
Construction Company, which by execution of this Division Order authorizes and
i a directs Permian to make payment as credited above and further covenants and agrees
O to hold Permian wholly harmless and not liable for the accounting of payments made under
al 0
w U this interest until such time as Permian shall have received 30 days' written notice
by registere
d mail that such interest shall no longer be� 2 paid as credited above.
N H
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'7J' E"
o
]• 15/ This interest is subject to a Deed of Trust, dated November 12, 1976, and recorded
v s:] in Book 782, Reception 1703873, Deed Records of Weld County, Colorado, in favor of
Midland Federal Savings & Loan Association, Denver, Colorado, which by execution
NZ of this Division Order authorizes and directs Permian to make payment as credited
N r4 above and further covenants and agrees to hold Permian wholly harmless and not liable
o for the accounting of payments made under this interest until such time as Permian
L) a shall have received 30 days' written notice by registered mail that such interest
rx shall no longer be paid as credited above.
00
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N CO
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W [ 16/ This interest is subject to a Deed of Trust, dated October 1, 1987, and recorded in
Book 1172, Reception 2116955, Deed Records of Weld County, Colorado, in favor of
Donald E. Schwartz and Maxine A. Schwartz, who by execution of this Division Order
authorize and direct Permian to make payment as credited above and further covenant
and agree to hold Permian wholly harmless and not liable for the accounting of pay-
ments made under this interest until such time as Permian shall have received 30
days' written notice by registered mail that such interest shall no longer be paid
as credited above.
17/ This interest is subject to a Deed of Trust, dated December 3, 1986, and recorded in
Book 1141, Reception 2083216, Deed Records of Weld County, Colorado, in favor of
Weld Schools Credit Union, which by execution of this Division Order authorizes and
directs Permian to make payment as credited above and further covenants and agrees
to hold Permian wholly harmless and not liable for the accounting of payments made
under this interest until such time as Permian shall have received 30 days' written
notice by registered mail that such interest shall no longer be paid as credited
above.
18/ This interest is subject to a Deed of Trust, dated November 16, 1987, and recorded in
Book 1177, Reception 2121721, Deed Records of Weld County, Colorado, in favor of
Associates Financial Services Company of Colorado, Inc. , Greeley, Colorado, which
by execution of this Division Order authorizes and directs Permian to make payment
as credited above and further covenants and agrees to hold Permian wholly harmless
and not liable for the accounting of payments made under this interest until such
time as Permian shall have received 30 days' written notice by registered mail that
such interest shall no longer be paid as credited above.
(cont'd)
890366
Division Order
Lease No. 042644
March 31 , 1989
Page 8
19/ This interest is subject to a Deed of Trust, dated September 15, 1986, and recorded
in Book 1128, Reception 2070365, Deed Records of Weld County, Colorado, in favor of
Weld Financial Services Company, Greeley, Colorado, and subsequently assigned to
First Boston Capital Group, Inc. , which by execution of this Division Order authorizes
and directs Permian to make payment as credited above and further covenants and agrees
to hold Permian wholly harmless and not liable for the accounting of payments made
under this interest until such time as Permian shall have received 30 days' written
notice by registered mail that such interest shall no longer be paid as credited above.
20/ This interest is subject to a Deed of Trust, dated February 5, 1988, and recorded in
Book 1185, Reception 2130818, Deed Records of Weld County, Colorado, in favor of
CMA Mortgage Corporation, and subsequently assigned to Zions Mortgage Company, which
by execution of this Division Order authorizes and directs Permian to make payment as
credited above and further covenants and agrees to hold Permian wholly harmless and
not liable for the accounting of payments made under this interest until such time as
Permian shall have received 30 days' written notice by registered mail that such interest
shall no longer be paid as credited above.
21/ This interest is subject to a Deed of Trust, dated September 21 , 1987, and recorded in
Book 1171, Reception 2115709, Deed Records of Weld County, Colorado, in favor of
Fleet Real Estate Funding Corp. , Denver, Colorado, which by execution of this Division
Order authorizes and directs Permian to make payment as credited above and further
covenants and agrees to hold Permian wholly harmless and not liable for the accounting
of payments made under this interest until such time as Permian shall have received
30 days' written notice by registered mail that such interest shall no longer be paid
as credited above.
22/ This interest is subject to a Deed of Trust, dated October 15, 1986, and recorded in
Book 1132, Reception 2073748, Deed Records of Weld County, Colorado, in favor of
Security Pacific Mortgage Corporation, which by execution of this Division Order
authorizes and directs Permian to make payment as credited above and further covenants
and agrees to hold Permian wholly harmless and not liable for the accounting of payments
made under this interest until such time as Permian shall have received 30 days'
written notice by registered mail that such interest shall no longer be paid as credited
above.
23/ This interest is subject to a Deed of Trust, dated March 24, 1986, and recorded in
Book 1107, Reception 2048079, Deed Records of Weld County, Colorado, in favor of
Security Pacific Mortgage Corporation and subsequently transferred to Fleet Real Estate
Funding Corp. , which by execution of this Division Order authorizes and directs Permian to make payment as credited above and further covenants and agrees to hold Permian
wholly harmless and not liable for the accounting of payments made under this interest
until such time as Permian shall have received 30 days' written notice by registered
mail that such interest shall no longer be paid as credited above.
24/ This interest is subject to a Deed of Trust, dated December 19, 1986, and recorded in
Book 1140, Reception 2082410, Deed Records of Weld County, Colorado, in favor of
United Bank of LaSalle, Colorado, which by execution of this Division Order authorizes
and directs Permian to make payment as credited above and further covenants and agrees
to hold Permian wholly harmless and not liable for the accounting of payments made
under this interest until such time as Permian shall have received 30 days' written
notice by registered mail that such interest shall no longer be paid as credited above.
(cont'd) 890366
B 1230 REC 02177344 04/24/89 14:06 $0. 00 9/012
F 0891 MARY ANN FEUERSTEIN CLERK & RECORDER WELD CO, CO
Division Order
Lease No. 042644
March 31, 1989
Page 9
25/ This interest is subject to a Deed of Trust, dated October 28, 1986, and recorded in
N OO Book 1133, Reception 2075088, Deed Records of Weld County, Colorado, in favor of
o Associates Financial Services of Colorado, Inc. , Greeley, Colorado, which by execution
o O of this Division Order authorizes and directs Permian to make payment as credited
• U above and further covenants and agrees to hold Permian wholly harmless and not liable
• for the accounting of payments made under this interest until such time as Permian
ofj shall have received 30 days' written notice by registered mail that such interest shall
no longer be paid as credited above.
om
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O
w 26/ This interest is subject to a Deed of Trust, dated January 28, 1988, and recorded in
• a Book 1185, Reception 2130898, Deed Records of Weld County, Colorado, in favor of
American Bankers Insurance Company of Florida, which by execution of this Division
- o
Order authorizes and directs Permian to make payment as credited above and further
• covenants and agrees to hold Permian wholly harmless and not liable for the accounting
• of payments made under this interest until such time as Permian shall have received
03O 30 days' written notice by registered mail that such interest shall no longer be paid
as credited above.
N H
\ W
V E
om
d N• 27/ This interest is subject to a Deed of Trust, dated December 16, 1963, and recorded in
‘71
Book 500, Reception 1423865, Deed Records of Weld County, Colorado, in favor of
r- World Savings and Loan Association, and subsequently assigned to Mountain Savings and
Loan Association, which by execution of this Division Order authorizes and directs
N1▪ 4 Permian to make payment as credited above and further covenants and agrees to hold
O • Permian wholly harmless and not liable for the accounting of payments made under this
`) ah interest until such time as Permian shall have received 30 days' written notice by
a £ registered mail that such interest shall no longer be paid as credited above.
O N
m e,
N w
ri O
pa (y, 28/ This interest is subject to a Deed of Trust, dated September 24, 1976, and recorded
in Book 778, Reception 1699809, Deed Records of Weld County, Colorado, in favor of
Farmers Home Administration, which by execution of this Division Order, authorizes
and directs Permian to make payment as credited above and further covenants and agrees
to hold Permian wholly harmless and not liable for the accounting of payments made
under this interest until such time as Permian shall have received 30 days' written
notice by registered mail that such interest shall no longer be paid as credited above.
29/ This interest is subject to a Deed of Trust, dated June 5, 1984, and recorded in
Book 1032, Reception 1969183, Deed Records of Weld County, Colorado, in favor of
Security Pacific Finance Corporation, which by execution of this Division Order
authorizes and directs Permian to make payment as credited above and further covenants
and agrees to hold Permian wholly harmless and not liable for the accounting of pay-
ments made under this interest until such time as Permian shall have received 30 days'
written notice by registered mail that such interest shall no longer be paid as credited
above.
30/ This interest is subject to a Deed of Trust, dated May 18, 1984, and recorded in Book
1031 , Reception 1968110, Deed Records of Weld County, Colorado, in favor of Midland
Federal Savings and Loan Association, Denver, Colorado, which by execution of this
Division Order authorizes and directs Permian to make payment as credited above and
further covenants and agrees to hold Permian wholly harmless and not liable for the
accounting of payments made under this interest until such time as Permian shall have
received 30 days' written notice by registered mail that such interest shall no longer
be paid as credited above.
(cont'd)
89€ 366
Division Order
Lease No. 042644
March 31 , 1989
Page 10
31/ This interest is subject to a Deed of Trust, dated October 25, 1984, and recorded in
Book 1048, Reception 1987064, Deed Records of Weld County, Colorado, in favor of
IntraWest Mortgage Company, Denver, Colorado, which by execution of this Division Order
authorizes and directs Permian to make payment as credited above and further covenants
and agrees to hold Permian wholly harmless and not liable for the accounting of payments
r made under this interest until such time as Permian shall have received 30 days'
written notice by registered mail that such interest shall no longer be paid as credited
HO above.
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890356
® PERMIAN
April 13, 1989
RE: Lease No. 042644 - Cache Exploration, Inc. - Lee #1 & Lee #2
Dear Interest Owners:
N O
o J On March 31, 1989, Permian furnished you a division order covering your interest
N o in the captioned lease. In reviewing this division order, we note Permian
v inadvertently omitted a portion of the legal description from the division order.
The correct legal description for Lease No. 042644 is as follows:
o
03
o rx Township 4 North. Range 65 West, 6th P.M.
`" O Section 5: N/2 NW/4
Weld County, Colorado;
Loa
o LIMITED to production obtained from the
Codell and Niobrana formations.
Please attach this letter to your file copy of the division order for future
rn a
co u reference.
z
N H We apologize for our error and any inconvenience it has caused.
E
o a Please let us know if we may be of further assistance.
▪ D
W Yours very truly,
M W
NZ PERMIAN
OO
t�� ///l.Ci'�^fl�'li1C.ui
W
a
o Barbara Metscher
m
N CO
o BM:san
cc: Cache Exploration, Inc.
ATTN: Mr. Ed Holloway
P. 0. Box 2480
Greeley, CO 80632
�` /C/,5— PERMIAN OPERATING LIMITED PARTNERSHIP
2500 CITYWEST BLVD. • P.O.BOX 1183 • HOUSTON,TEXAS 77251-1183 • (7131787-2500 890366
cc.
* PERMIAN P°2 •
„ ;2
��}} CLE Rrj
Date: March1 Q11≥ 1 13.73
Operator Name: Cache Exploration, Inc.
Lease Name: Lee #1 & Lee #2
Lease No. 042644
Dear Interest Owner:
Enclosed please find Permian's Division Order covering the captioned lease based
upon a March 14, 1989 , Division Order Title Opinion,
prepared by William M. Foster . If this Division
Order meets with your approval, kindly execute in accordance with the attached
instructions, returning one fully executed and witnessed copy to Permian for
further handling.
If you have questions concerning any of the above or if we may be of additional
assistance, please advise.
Yours very truly,
PERMIAN
fi
/-1
Barbara Metscher
BM/dmd
Enclosures
cc: Cache Exploration, Inc. (w/enclosure)
P.O. Box 2480
Greeley, CO 80632
Attn: Mr. Ed Holloway
890366
PERMIAN OPERATING LIMITED PARTNERSHIP
2500 CITYWEST BLVD. • P.O.BOX 1183 • HOUSTON,TEXAS 77251-1183 • (7131787-2500
1-R9/-V,"---
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